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Swing Capital

Dish TV India Ltd

NSE: DISHTV BSE: 532839

Incorporated in 1988, Dish TV India Ltd is in the business of providing Direct to Home television and Teleport services[1]

₹3.21
52W: ₹1.82 — ₹6.55
PE 0 · Book ₹16.3 · -80% vs book
Market Cap₹591 Cr
Stock P/E—Price to Earnings
ROCE0%Return on Capital
ROE0%Return on Equity
Div. Yield0%Face Value ₹1

Weaknesses

  • −Company has low interest coverage ratio.
  • −The company has delivered a poor sales growth of -17.3% over past five years.
  • −Promoter holding is low: 4.06%
  • −Contingent liabilities of Rs.1,020 Cr.
  • −Debtor days have increased from 31.4 to 44.8 days.
  • −Company's cost of borrowing seems high

Shareholding Pattern

Promoters4.07%
FIIs8.23%
DIIs2.5%
Public85.2%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters4.04%4.04%4.04%4.04%4.06%▲0.04.06%4.06%4.07%▲0.0
FIIs9.78%9.75%▼0.09.52%▼0.210.54%▲1.010.15%▼0.49.69%▼0.58.68%▼1.08.23%▼0.4
DIIs2.33%2.82%▲0.53.13%▲0.32.52%▼0.62.52%2.52%2.5%▼0.02.5%
Public83.85%83.38%▼0.583.31%▼0.182.9%▼0.483.27%▲0.483.74%▲0.584.77%▲1.085.2%▲0.4

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales216204159191153133111157119118
Expenses183184163199165154140154153142
Operating Profit3320-4-8-12-22-293-34-24
OPM %15%10%-3%-4%-8%-16%-26%2%-29%-20%
Net Profit-1-16-1,323-43-45-52-254-23-60-49
EPS ₹-0.01-0.09-7.19-0.23-0.25-0.28-1.38-0.13-0.33-0.27

AI Insights

Revenue Trend

TTM revenue at ₹505Cr, down 14.1% YoY. OPM at -17%.

Debt Position

Borrowings at ₹27Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.

Capex Cycle

CWIP at ₹1Cr (1% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 2.5% (+0.17pp change). FIIs: 8.23% (-2.06pp change). Promoters hold 4.07%.

Margin & Efficiency

ROCE declining from 7% (Mar 2014) to 0% (Mar 2025). Working capital days: -3207.

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